PFLT vs. XFLT
PFLT (PennantPark Floating Rate Capital Ltd.) and XFLT (XAI Octagon Floating Rate & Alternative Income Term Trust) are both stocks. Both are in the Financial Services sector — PFLT in Asset Management, XFLT in Capital Markets. Over the past 5 years, PFLT returned -1.47%/yr vs -3.24%/yr for XFLT. Their 0.24 correlation means their historical movements had little consistent relationship.
Performance
PFLT vs. XFLT - Performance Comparison
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Returns By Period
In the year-to-date period, PFLT achieves a -18.83% return, which is significantly lower than XFLT's -13.70% return.
PFLT
- 1D
- -1.00%
- 1M
- -6.17%
- 6M
- -21.14%
- YTD
- -18.83%
- 1Y
- -23.65%
- 3Y*
- -4.27%
- 5Y*
- -1.47%
- 10Y*
- 4.35%
- ALL TIME*
- 4.94%
XFLT
- 1D
- -0.48%
- 1M
- 7.09%
- 6M
- -8.91%
- YTD
- -13.70%
- 1Y
- -20.33%
- 3Y*
- -4.28%
- 5Y*
- -3.24%
- 10Y*
- —
- ALL TIME*
- 1.20%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $8.63M | $9.40M | $9.33M | |
| $2.03M | $1.89M | $1.66M |
PFLT vs. XFLT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PFLT PennantPark Floating Rate Capital Ltd. | -18.83% | -4.17% | 0.62% | 23.05% | -5.53% | 32.64% | -1.41% | 15.52% | -8.29% | -2.90% |
XFLT XAI Octagon Floating Rate & Alternative Income Term Trust | -13.70% | -15.35% | 7.37% | 30.40% | -20.30% | 31.30% | 5.13% | 22.05% | -15.10% | -4.70% |
Correlation
The correlation between PFLT and XFLT is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.17 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.24 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2017 | 0.24 |
Fundamentals
PFLT:
$688.57M
XFLT:
$286.49M
PFLT:
$1.79
XFLT:
-$3.38
PFLT:
2.00
XFLT:
2.24
PFLT:
$229.78M
XFLT:
$127.88M
PFLT:
$45.40M
XFLT:
$65.98M
PFLT:
$38.59M
XFLT:
-$14.78M
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Return for Risk
PFLT vs. XFLT — Risk / Return Rank
PFLT
XFLT
PFLT vs. XFLT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PennantPark Floating Rate Capital Ltd. (PFLT) and XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PFLT | XFLT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.14 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 0.84 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | -0.96 | -0.51 | -0.45 |
| Martin ratioReturn relative to average drawdown | -1.97 | -0.93 | -1.04 |
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Drawdowns
PFLT vs. XFLT - Drawdown Comparison
The maximum PFLT drawdown since its inception was -69.77%, which is greater than XFLT's maximum drawdown of -55.43%. Use the drawdown chart below to compare losses from any high point for PFLT and XFLT.
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Drawdown Indicators
| PFLT | XFLT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.77% | -55.43% | -14.34% |
Max Drawdown (1Y)Largest decline over 1 year | -25.25% | -40.67% | +15.42% |
Max Drawdown (3Y)Largest decline over 3 years | -28.44% | -47.04% | +18.60% |
Max Drawdown (5Y)Largest decline over 5 years | -29.64% | -47.04% | +17.40% |
Max Drawdown (10Y)Largest decline over 10 years | -69.77% | — | — |
Current DrawdownCurrent decline from peak | -27.61% | -31.38% | +3.77% |
Average DrawdownAverage peak-to-trough decline | -8.46% | -14.75% | +6.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.29% | 22.13% | -9.84% |
Volatility
PFLT vs. XFLT - Volatility Comparison
PennantPark Floating Rate Capital Ltd. (PFLT) has a higher volatility of 6.65% compared to XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) at 6.27%. This indicates that PFLT's price experiences larger fluctuations and is considered to be riskier than XFLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PFLT | XFLT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.65% | 6.27% | +0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 18.40% | 18.99% | -0.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.03% | 21.36% | +0.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.45% | 20.94% | +0.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.09% | 26.06% | +3.03% |
Dividends
PFLT vs. XFLT - Dividend Comparison
PFLT's dividend yield for the trailing twelve months is around 17.12%, less than XFLT's 18.87% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFLT PennantPark Floating Rate Capital Ltd. | 17.12% | 13.27% | 11.25% | 9.98% | 10.38% | 8.93% | 10.83% | 9.24% | 9.59% | 8.31% | 8.08% | 10.04% |
XFLT XAI Octagon Floating Rate & Alternative Income Term Trust | 18.87% | 18.23% | 15.24% | 13.61% | 13.86% | 9.82% | 10.64% | 10.63% | 11.33% | 1.47% | 0.00% | 0.00% |
Financials
PFLT vs. XFLT - Financials Comparison
This section allows you to compare key financial metrics between PennantPark Floating Rate Capital Ltd. and XAI Octagon Floating Rate & Alternative Income Term Trust. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
Frequently Asked Questions
PFLT and XFLT have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PFLT has higher volatility (6.65%) compared to XFLT (6.27%). In terms of maximum drawdown, PFLT dropped -69.77% vs XFLT's -55.43%.
XFLT currently has the higher Sharpe Ratio (-0.96 vs -1.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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